Crypto asset management giant Grayscale is expecting a 1,000x jump in one crypto subsector amid “structural shifts in digital asset investing.”
In a new research report, Grayscale mentions tokenized assets, or the practice of placing real-world assets like eqtuities, real estate, or commodities on the blockchain for more accessible and efficient trading.
The firm says that the asset class has the potential to grow by 1,000x, and that the coins set to benefit from the “enormous” potential growth include layer one chains Ethereum (ETH), BNB Chain (BNB), Solana (SOL), and decentralzied oracle service Chainlink (LINK).
“Tokenized assets are tiny today: just 0.01% of global equity and bond market capitalization (Exhibit 11). Grayscale expects rapid growth in asset tokenization over the coming years, facilitated by more mature blockchain technology and improved regulatory clarity. By 2030, it would not be surprising to see tokenized assets grow by ~1,000x, in our view.
This growth will likely drive value to the blockchains that process transactions in tokenized assets, as well as a variety of supporting applications.
The leading blockchains for tokenized assets today[6] are Ethereum (ETH), BNB Chain (BNB), and Solana (SOL), although this list will likely evolve over time. In terms of supporting applications, Chainlink (LINK) looks especially well placed, given its unique suite of software technologies.”
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